48 Gray St Amherst, MA 01002
Estimated payment $5,587/month
Highlights
- Barn or Stable
- Granite Flooring
- Solid Surface Countertops
- Amherst Regional Middle School Rated A-
- 1 Fireplace
- Screened Porch
About This Home
Renovated 3-family in a prime Amherst location near both UMass and Amherst College, ideal for owner-occupants or investors seeking strong rental demand. This 5 bed, 3.5 bath property offers 2,934 sq ft across a flexible layout. The spacious first-floor unit features 3 bedrooms, 1.5 baths, a modern kitchen, bright living spaces, and convenient access to the common laundry room. The second floor includes two updated 1 bed, 1 bath units with remodeled kitchens and baths, excellent natural light, and efficient layouts. Beautifully improved throughout with new flooring, contemporary fixtures, and crisp finishes. Sitting on a generous double lot, the property provides ample outdoor space and a classic exterior with stunning covered porches. Separately metered electricity with owner’s panel and hardwired smokes add operating ease. With proximity to downtown Amherst, campus amenities, public transit, and major commuter routes, this turnkey multi-family offers exceptional versatility and value.
Property Details
Home Type
- Multi-Family
Est. Annual Taxes
- $10,617
Year Built
- Built in 1900
Lot Details
- 0.6 Acre Lot
- Gentle Sloping Lot
Home Design
- Brick Foundation
- Stone Foundation
- Frame Construction
- Shingle Roof
Interior Spaces
- 2,934 Sq Ft Home
- Property has 1 Level
- 1 Fireplace
- Insulated Windows
- Living Room
- Dining Room
- Screened Porch
- Storage
Kitchen
- Range
- Microwave
- Dishwasher
- Solid Surface Countertops
Flooring
- Wood
- Granite
Bedrooms and Bathrooms
- 5 Bedrooms
- Separate Shower
Basement
- Basement Fills Entire Space Under The House
- Block Basement Construction
Parking
- 4 Car Parking Spaces
- Paved Parking
- 4 Open Parking Spaces
- Off-Street Parking
Outdoor Features
- Bulkhead
- Rain Gutters
Horse Facilities and Amenities
- Barn or Stable
Utilities
- Cooling System Mounted In Outer Wall Opening
- Forced Air Heating System
- Heating System Uses Oil
- Separate Meters
Community Details
- 3 Units
Listing and Financial Details
- Assessor Parcel Number M:0014B B:0000 L:0017,3009643
Map
Home Values in the Area
Average Home Value in this Area
Tax History
| Year | Tax Paid | Tax Assessment Tax Assessment Total Assessment is a certain percentage of the fair market value that is determined by local assessors to be the total taxable value of land and additions on the property. | Land | Improvement |
|---|---|---|---|---|
| 2025 | $106 | $591,500 | $204,300 | $387,200 |
| 2024 | $10,354 | $559,400 | $192,800 | $366,600 |
| 2023 | $9,935 | $494,300 | $175,400 | $318,900 |
| 2022 | $9,610 | $451,800 | $159,400 | $292,400 |
| 2021 | $9,605 | $440,200 | $147,800 | $292,400 |
| 2020 | $9,385 | $440,200 | $147,800 | $292,400 |
| 2019 | $9,019 | $413,700 | $147,800 | $265,900 |
| 2018 | $8,746 | $413,700 | $147,800 | $265,900 |
| 2017 | $8,529 | $390,700 | $140,800 | $249,900 |
| 2016 | $8,291 | $390,700 | $140,800 | $249,900 |
| 2015 | $8,025 | $390,700 | $140,800 | $249,900 |
Property History
| Date | Event | Price | List to Sale | Price per Sq Ft |
|---|---|---|---|---|
| 02/09/2026 02/09/26 | Pending | -- | -- | -- |
| 01/30/2026 01/30/26 | Price Changed | $879,900 | -2.2% | $300 / Sq Ft |
| 11/16/2025 11/16/25 | For Sale | $899,900 | -- | $307 / Sq Ft |
Purchase History
| Date | Type | Sale Price | Title Company |
|---|---|---|---|
| Quit Claim Deed | $395,000 | None Available | |
| Deed | -- | -- | |
| Deed | -- | -- | |
| Deed | $260,000 | -- | |
| Deed | $260,000 | -- |
Mortgage History
| Date | Status | Loan Amount | Loan Type |
|---|---|---|---|
| Open | $500,000 | Purchase Money Mortgage | |
| Previous Owner | $195,300 | No Value Available | |
| Previous Owner | $195,000 | Purchase Money Mortgage | |
| Previous Owner | $41,000 | No Value Available |
Source: MLS Property Information Network (MLS PIN)
MLS Number: 73455345
APN: AMHE-000014B-000000-000017
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